Green-Labeled Buildings sell for more
I know that there is debate in the community on the quantifiable value of the value of green-labeled buildings. And even the number when it is quantified, but here is a 2009 study from the Henley School of Business which reports that Energy Star buildings sell for 10% more than comparable non-green-labeled buildings, while LEED buildings sell for 31% more than comparable non-green-labeled buildings.
They acknowledge that they may not know why, including whether the premiums observed are due to the benefits of a better image, higher productivity or lower operating costs. In addition, observed premiums may reflect short-run imbalances in supply relative to demand. They only looked at 300 or so transactions.
Either way, I appreciate the effort.
Thanks! This could be the most complete info I have found about this issue on the net. Would you think about hosting guest articles from others?
Sure. Send a request to info (at) greensquared.com. Thanks for the interest.
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